Hi Hormoz, as the Managing Director of Institutional Sales in MENA, please tell us why you joined ATFX. Can you provide an overview of your role as the Managing Director at ATFX Connect, the institutional brand of ATFX group? Hormoz Faryar: "There are several reasons for joining ATFX, and most of them relate to…
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After the 2022 dilemma, many analysts believed that this was the last they would see of this so-called mom-and-pop strategy. However, both stocks and bonds made a comeback and resuscitated this approach. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Yahoo Finance cited Todd Schlanger, a Vanguard senior investment strategist, who stated that…
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Indexes around the world felt the sting of this glitch and signed off last week’s trading on a low. This included the London Stock Exchange (LSE), France’s CAC 40, Germany’s DAX, Spain’s IBEX, the Netherlands’ AEX, Switzerland’s SMI and Sweden’s OMX Stockholm 30. Based on Sky News data, the FTSE dropped by more than 0.6%…
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At £2.9bn (5.6bn AUD), this is set to be the biggest merger to take place in the British banking industry since the financial crisis. The CMA was initially worried that the deal - agreed in March this year - could lower the level of competition in the UK banking sector. However, the CMA confirmed on…
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Dr Curioni suggested that this data breach could be upon us within a decade, considering the speed at which quantum computers are gaining power. He stated that quantum computers create calculations by leveraging subatomic particles that allow them to process tasks at devastatingly fast speeds. Q-Day, an event widely known throughout the quantum industry, will…
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China’s Commerce Ministry indicated that it will look into Danish Crown, Vion Boxtel and Litera Meat to determine if any detrimental product dumping occurred that negatively affects the Chinese economy. These firms are reportedly the leading pork exporters to China. To comply with the investigation, the companies must accurately complete a questionnaire. Danish Crown said…
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In its blog post announcing this extension, Kraken stated that custody is “integral to the institutional crypto space” as financial institutions need a secure platform to handle virtual assets. Through Kraken Institutional, the company already features prominently in the UK and Australian crypto spheres. The cryptocurrency exchange stated: With this expansion, our crypto custody product…
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According to Reuters information, TSM is the world’s leading chipmaker, with its products featuring in everything from AI applications to fighter jets. Washington reportedly indicated that it may revert to the “most severe trade curbs” should firms continue to supply China with top-shelf technology. Recently, the current US administration implemented stringent measures to limit China’s…
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The UK Office for National Statistics (ONS) reported that wage growth is at its lowest since the record-low 5.4% in August 2022. This year’s wage growth is at 5.7%, a steady decline from 5.9% last year. Annual bonuses are at 5.7%, according to the ONS. To add fuel to the fire, the closely monitored private-sector…
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Andrew Forrest, the company’s founder and executive chairman of the board, reportedly addressed 16,000 employees about the possible layoffs. Positions on the chopping block allegedly include senior management. This move comes after the company shifted its focus to the production of affordable renewable energy. Analysts believe this strategic U-turn will, however, negatively impact the company’s…
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